“Insights from the Oracle of Omaha: Key Takeaways from Warren Buffett’s 2022 Annual Letter”

e believe Berkshire’s individual holders largely to be of the once-a-saver, always-a-saver variety. Though these people live well, they eventually dispense most of their funds to philanthropic organizations. These, in turn, redistribute the funds by expenditures intended to improve the lives of a great many people who are unrelated to the original benefactor. Sometimes, the results have been spectacular. 

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IN SOME U.S. CITIES, A CHILD HAS BETTER ODDS OF GOING TO PRISON OR BEING MURDERED THAN CLIMBING TO THE MIDDLE CLASS!

About 70% of U.S. Congress People are millionaires.  Most members of Congress, in my opinion, deliver little value to society, but they get wealthy and enamored with power.  They care about one thing -getting reelected, which requires money.  The Teachers’ Unions donate millions of dollars to Democrat politicians.  The unions demand zero support for charter schools.   That is the nasty reality of America’s education system. 

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